Thursday, July 26, 2012

House Republicans seen seeking six-month spending extension

WASHINGTON (Reuters) - Republican leaders in the House of Representatives are moving toward seeking a six-month extension of government funding that would avoid the threat of shutdowns until the spring of 2013, Republican lawmakers and aides said on Thursday.

Lawmakers have little stomach for an election-year repeat of last year's bruising budget battles, which brought the federal government to the brink of shutdown several times and further damaged Congress' approval ratings.

But in order to buy budget peace, Republicans are expected to agree to give up most, if not all, of the $19 billion in additional discretionary spending cuts they sought this year.

Aides said that as early as next week, House Speaker John Boehner could announce plans for a continuing resolution that would extend funding for government agencies, the military and for discretionary programs. Congress would need to pass a stop-gap measure before fiscal year-end on September 30.

(Reporting By David Lawder and Richard Cowan; Editing by Fred Barbash and Will Dunham)

Source: http://news.yahoo.com/house-republicans-seen-seeking-six-month-spending-extension-194527286.html

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